IFRS17 Accounting

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.At Prudential, we understand that success comes from the talent and commitment of our people. Together, we have a shared vision in securing the future of our customers and our communities. We strive to build a business that can shape, an inclusive workplace where ideas are valued and a culture where can thrive together. Our people stay connected and tuned in to what’s happening around us, keeping us ahead of the curve. While focused on the long-term, we look to the future to bring growth, development and benefit to everyone whose lives we touch.Key accountabilities for detailed design phase To assist with various investigation/ assessment to understand the impact of technical interpretation to the current solution and propose solutions.To assist with the system/ process implementation to meet IFRS 17 data/ process requirements as a result from technical interpretationTo assess and document the future IFRS 17 reporting process according to the regional office’s requirement and translate it into Prudential Indonesia’s processes and controlsTo assess and document the process and controls for the opening Balance SheetTo understand the current accounting system (sunGL) and how it will be updated/ reconfigured to be align with IFRS 17 requirements from the regional officeTo assist the work related to transition, for instances: populating the historical information, monitor and review the development of the tools, proposing solutions when data is unavailableManage the team within the workstream assigned to ensure that the deliverables can be provided in a timeline basisDevelop business requirements for disclosure and reporting.Redesign the posting rules of business events and mapping to sub-ledger.Design mapping of Chart of Accounts in sub-ledger to the regional’s Chart of Accounts in General LedgerSupport data architecture and designFor future phases of the programme This role will work with development and implementation teams on configuration of SUN GL, sub ledger and testing of reporting and related reconciliation controls and business readiness activities in implementation phases.For all phases of the programme Work closely with other work-stream teams to support them in syndicating, validating and implementing accounting processes.Conduct interviews and workshops with stakeholders.Work with stakeholders to ensure subject matter experts input and review subledger work stream deliverables.Work closely with the project team, including the Data, Systems and Actuarial work streams where the delivery of work-stream requires multidisciplinary collaborationBuild and manage relationships with key local contacts / stakeholdersProvide insight on industry practices to stakeholders to facilitate project deliverablesManage vendorsCandidate Specifications :At least three years of experience in insurance accounting/ projects, such as Insurance Finance change management, life insurance consulting or life insurance reporting/ accountings.A strong leader with a proven track record on large scale projects within a highly complex hierarchy/functional organisation across multiple jurisdictions.Excellent communication, interpersonal and organisational skills – experience working with senior executives is preferred.A demonstrable interest in IFRS 17; Solvency II knowledge would be beneficial.Comfortable working with uncertainty, highly adaptable.General Ledger implementation experience preferably SUN GL experience.Knowledge of Sun GL functionality is preferable.Fluent in both spoken and written English (ability to speak one or more Asian languages desirable)Willing to travel (although not extensively)Qualified accountant#LI-HYBRID